for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Alan I don't understand Froggie!

Allez vous!!

How do you say "lol" in Froggie?

The oily one

Thank you for the French Lessons.
They normally cost me about 200 down Soho and i still can't speak the lingo properly.

Alain, le bugger risible

Looks like all of us are at the computer at the same time!!

The night of the long (but late) knives! The institutions make their presence felt.

Must confess I don't even know who Bruce Drew is - when was he appointed? So much for DYOR!

Although Martin Wagner may be knowledgeable etc,, I wouldn't half mind a really top notch CEO coming in from outside - like the ex Hansons director taking over at Tomkins in the 80's(?)

This could be the sea-change that re-rates the stock in short order.

Bruce Drew is Aquasol not SEO.
kim

Oily, maybe HWs appointment last monday was really with Addeco.

Although IB is no longer a Director of SEO, he may still be there (he was working on/with BioTec).

IB had a 3 month termination notice Service Agreement. HW, no period.

Stockdog, drew is describes as a Senior Manager in the Prospectus

This is a case of getting the company ready for sale.

The current management are not up to the job as we are all aware - so the company will be sold and if private investors have a low enough average then all will make money.

After all that is why we all invested.

The future of the company really doesn't matter as long as our investment goals are achieved.

We don't run it - remember that!!!

Could be that the big boys out there who are looking at contracts gave the board an ultimatum. Get rid of the dead wood or we cant have confidence in your company or products. If you were Walmart, McDonalds, etc would you be happy to sign on the dotted line looking at White and Balchin record with SEO.
We have stated on this thread many times,"they just cant deliver".
Perhaps these companies think the company can, but White and Balchin cant.
Jump before you are pushed perhaps.
Golden handshake?
Maybe just maybe they will have a say in replacements,. When push comes to shove money talks, big money shouts.
All above obviously just an opinion.

The Directors are irrelevant!!!

The Institutions run the company - I have more shares than the Directors.

I am only saying this so everyone concentrates on the real issue.

The company will be sold - the question is at what price?

This will be decided by the Institutions NOT the private shareholder.

The RNS does not say "Ian and Howard have left the building", maybe they will be used in some other guise!
kim

I agree with Greekman.

It has always been in my mind that a deal was done behind the scenes for the money.

My scenario fits - They have been offered a fait accompli.

I will be astonished if this company is independent by June 2007 after announcing contracts.

The institutions may equally have "place men" they want on the board, who are capable of getting things going properly. This is not unusual and would signify what the institutions want. Operationally good placements would signify the company has a future to look forward to. Accountant types would signify a for sale sign.
Any way you look at it, this appears to be a good news RNS.
Alan

Does anyone know how many shares are held by institutions? There are 2977.65m issued.
kim

Kim
According to latest RNSs-
Schroder 14.1%
Fidelity 7.74%
UBS 3.97%

.

Thanks Tony
kim

Does anyone know what the Salary of the outgoing Executive Vice Chairman is, as I'm thinking of applying for the vacant post.
'Now what does a Executive Vice Chairman do'???.

Pat: ensures that the share price of a company goes down from 30p to 0.81p in the shortest possible time; you may be overqualified!
kim

Oi, you PATISEAR! We've only just got rid of one person who did not know what they ought to be doing and we don't want a replacement equally as useless!!!

lol

The oily one

The Executive Vice Chairman is responsible for satisfying the vices of all board members. I refer you to post 22361 and suggest I am the most qualified for that.
alan